Fat chance… | 8/2/24
Chewing the Fat with Jeff Fisher
Blaze Podcast Network
4.9 • 2.1K Ratings
🗓️ 2 August 2024
⏱️ 44 minutes
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| 0:00.0 | If just thinking about your bills makes you feel confused and disorientated, |
| 0:05.0 | like your head is full of raspberry, |
| 0:08.0 | then you need Monzo. |
| 0:10.0 | Download your new favorite bank and pay bills from custom pots. |
| 0:15.0 | Money never felt like Monzo. |
| 0:18.0 | UK residents, tease and seize apply. |
| 0:21.0 | Blaze Radio Network. |
| 0:24.0 | And now, chewing the fat with Jeff Fisher. |
| 0:27.0 | A new study seems to show that Universal Basic Income may not be the greatest idea. |
| 0:35.4 | Wait, what? |
| 0:38.0 | Yes. |
| 0:39.0 | We heard from, I remember, I don't know, three or four years ago was a big talk about universal basic income because the one presidential candidate Andrew Yang said his idea was to give everyone a thousand dollars universal base income |
| 0:54.7 | to fight poverty and offset job displacement. |
| 0:58.4 | Well, the University of Toronto and a professor named Eva the vault and I am a huge fan of Eva Vavalt shared the results of a three-year |
| 1:08.4 | randomized controlled trial conducted by herself and four other researchers on the impact of providing low-income |
| 1:15.8 | individuals with an unconditional $1,000 per month. |
| 1:19.6 | And the results appear to link UBI, universal basic income, to a reduction in labor force |
| 1:25.9 | productivity. |
| 1:26.9 | Uh, really? You think? Yeah, no kidding. Now the thing is is that they claim that according to this the |
| 1:36.4 | total household income fell more than 20 cents for every dollar received. |
| 1:42.3 | So it doesn't you know they say that they on a most |
| 1:46.5 | basic level the incentive structure created by UBI encourages recipients to |
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